I heard that taking out a Home Equity loans to pay off my private student loans is an option. They are several loans through Sallie May resulting in $79,000 including interest, but are not consolidated. What are your opinions?
Posts Tagged ‘Out’
Should I Take Out A Home Equity Loan To Pay Off My Private Student Loans?
Saturday, June 27th, 2009Can My Husband Take Out A Home Equity Loan Without My Name?
Thursday, June 25th, 2009My husband and I are interested in taking out a home equity loan for home improvments and debt con.. Both of our names are on the current 1st. mortgage, but we would like to have the equity loan in just his name, we believe that adding my name will only hurt our chances of getting the loan. I am unemployed, in college, and have a lot of student loan debt (that is still in deferment) what shoul we do!
If I Take Out A Home Equity Loan Now Will This Loan Affect Me If I Want To Refinance My Mortgage.?
Friday, June 19th, 2009I have 24 years left on 30 year mortgage. I am thinking about a home equity loan at a favorable rate, rather than roll in to refinance consolidation. If rates are favorable later this year i may like to refinance 1st mortgage at 15 years. Will home equity loan affect my refinancing even if i am not looking for any cash out.
Is The Cash Out Of A Mortgage Refinance Taxable?
Sunday, June 14th, 2009I am buying a foreclosure and refinancing to pull cash out to update the house. I will be under the current appraised value but I am worried about tax ramifications when pulling out the refinance money because I have not owned the house 2 years.
Any help would be great. Thx
If I Take Out A Home Equity Loan Now Will This Loan Affect Me If I Want To Refinance My Mortgage.?
Saturday, June 13th, 2009I have 24 years left on 30 year mortgage. I am thinking about a home equity loan at a favorable rate, rather than roll in to refinance consolidation. If rates are favorable later this year i may like to refinance 1st mortgage at 15 years. Will home equity loan affect my refinancing even if i am not looking for any cash out.
My Parents Are Taking Out A Home Equity Loan To Lend Me Money To Start A Business, Does Anyone Get Taxed?
Wednesday, June 10th, 2009I’m looking to open a shop and my parents offered to lend me some money to help out. They are taking out a home equity loan to lend me about $35,000 to $55,000. I agreed to pay them back. Because they are taking out a loan do they have to pay any taxes? Do I have to pay taxes on this money?
I don’t have any assets so I wouldn’t be able to get a loan for the amounts of money I posted.